Nintendo stock has not been performing very well the last five days. Immediately after its investor briefing, the company’s stock fell more than 10%. Since then, however, the stock has lost nearly 20% combined, dropping from 23,880 yen to 19,415 right now, a 19% drop. The market cap, or the value of all the current outstanding stock, fell from 3.4 trillion yen to 2.75 trillion yen, a loss of 650 billion yen. To put that in perspective, it is a loss of $5.3 billion dollars of investment in the company, more than a billion per day.
Stocks are known to fluctuate. How long do you think it will take for Nintendo to regain its previous stock standing?